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If husband is owner of a vehicle but wife drives it who is responsible to pay the payments if they divorce?
Wiki User
∙ 14y ago
If it is in the man's name, then the man is legally obliged to pay it.
Wiki User
∙ 14y ago
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When a vehicle is purchased on credit for a husbands company by his wife and the husband does not make the payments who's responsible?
The wife is responsible as she was the one who signed the credit contract.
If a husband and wife divorce can the wife get the vehicle if the husband and mother are listed as the title holder?
no
When someone assumes your finance payments are you no longer responsible for the vehicle?
IF you transfer the title and loan out of your name you are not responsible. IF NOT, and they don't make the payments, or have insurance on it, YOU are responsible for all aspects of the vehicle as you still OWN it. the name on the title & loan is the responsible party.
Is the cosigner of a vehicle responsible for the negligent operation of the vehicle?
No. A cosigner is just responsible for paying it off if the negligent driver wrecks it and and can't work to make the payments.
My husband died a year ago. Can the finance company repossessed my deceased husband's vehicle although I have been making timely monthly payments?
no
If your divorce decree stated that your ex husband is responsible for the car payment will that hold in court if the vehicle is repossessed?
It will hold up in court BUT that will not stop the repossession. The lending company does not and should not care where the money comes from. They made a loan in good faith and they expect to be repaid the same way. If you can afford to keep the payments up to date you can sue your ex for the payments you make. Or have your lawyer file a comtempt motion to compel your ex to pay. Good Luck!
If someone made payments to purchase vehicle and to pay remainder of balance when picking up the vehicle then changes mind is there a refund owed on payments?
No. You are not entitled to a refund if you made payments toward the purchase of a vehicle. In truth, if you signed a contract to purchase the vehicle, that vehicle is now secondary to the contract, you could still be held responsible for the balance of the loan, whether or not you still have the vehicle.
How do you get a vehicle back from your ex-husband if it is still in your name and its payments are not being made?
If its in your name (and the car was NOT awarded to him in the divorce decree) you could go to the police and report it stolen. If in your divorce decree it says he's supposed to pay for the car then you could take him to court because it will show up on YOUR credit if he's not paying.
In Florida if your divorce decree states that each party gets a vehicle but one party allows a vehicle to be repossessed how does the other party get their name taken off the loan?
you don't. you get the vehicle and the payments.
My ex wife was supposed to take over payments on her car in our divorce but now is having the car repossessed and it's still in my name Can the loan company garnish my wages?
Yes they can because right now you show as being the responsible party. You will either need to go to court and have the divorce decree upheld or have the vehicle put solely in her name.
What can be done to you in Florida if you are the cosigner on a vehicle that is up for repossession but your husband is in possession of the vehicle and they cannot find it?
They will come to you for the money if they can't find him. It will be on your credit as a repo as well. As a co-signer, you sign that you will take over payments if the signer fails to make the payments.
If your ex-husband and you agreed that you would keep the new vehicle and his name off the loan will a creditor do this with a divorce decree?
No. A divorce decree has no legal status when it pertains to the lender's agreement. The party that wishes to keep the vehicle will need to refinance it in their name only.
